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Gas Station - Portland, TN 5989 Highway 31 W 5,086 SF Retail Building Portland, TN 37148 $3,700,000 ($727.49/SF)
INVESTMENT HIGHLIGHTS
- 12 Fueling Stations With 6 MPDs: Efficiently Designed Layout to Accommodate High Traffic and Streamline Customer Flow
- Strategic Location: Positioned as the First Gas Station Entering Portland, TN, From Hendersonville and Gallatin—Capturing Inbound Traffic
- High Traffic Corridor: Located Directly Off Highway 109, Which Sees Over 17,000 Vehicles Per Day
- Sale Includes Business and Real Estate: Offering a Turnkey Opportunity With Both Property and Operations Included
- Limited Competition in the Area: Strong Market Positioning With Minimal Direct Competitors Nearby
- Strong Surrounding Retail: Surrounded By National Retailers Such as Food Lion, Arby’s, McDonald’s, Walgreens, & More -Driving Consistent Customer
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,086 SF Gas Station Located at 5989 US-31 W in Portland, TN. This Deal Includes a Sale Includes Business and Real Estate Offering a Turnkey Opportunity With Both Property and Operations Included and Limited Competition in the Area, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,086 SF
Building Class
C
Year Built
2000
Price
$3,700,000
Price Per SF
$727.49
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.90 AC
Zoning
C-2 - Commercial
Parking
15 Spaces (2.95 Spaces per 1,000 SF Leased)
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Fountain Head Rd | Carlin Dr, E | 2,787 | 2024 | 0.16 mi |
| FOUNTAIN HEAD RD. | Carlin Dr, E | 2,561 | 2020 | 0.16 mi |
| Fountainhead Road | Carlin Dr, E | 2,828 | 2022 | 0.16 mi |
| 0B672 | Carlin Dr, E | 2,609 | 2025 | 0.16 mi |
| SR076 | Tranquility Ln, SW | 2,278 | 2025 | 0.33 mi |
| Portland White House Road | Tranquility Ln, SW | 2,350 | 2022 | 0.33 mi |
| Portland White House Rd | Tranquility Ln, SW | 2,306 | 2024 | 0.33 mi |
| SOUTH OF PORTLAND | Tranquility Ln, SW | 2,009 | 2019 | 0.33 mi |
| NORTH OF GALLATIN | Willow Lake Rd, S | 3,702 | 2024 | 0.57 mi |
| 0C002 | Willow Lake Rd, S | 5,167 | 2025 | 0.57 mi |
PROPERTY TAXES
| Parcel Number | 039O-B-020.00 | Improvements Assessment | $433,040 (2024) |
| Land Assessment | $74,880 (2024) | Total Assessment | $507,920 (2024) |
PROPERTY TAXES
Parcel Number
039O-B-020.00
Land Assessment
$74,880 (2024)
Improvements Assessment
$433,040 (2024)
Total Assessment
$507,920 (2024)
MAP
ADDITIONAL PHOTOS
Building Photo
Building Photo
Building Photo
Building Photo